Having more than 20 years of experience in managing a variety of projects and programs whether based on delivery or transformation do you think that acquiring any certifications like PMP etc at this stage can significantly improve career and salary prospects? if yes, then what certifications do you recommend?
I feel confused as to where to go next in my career.

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A PMP always sets you apart. Depends on what the company is looking for as summer fine without it and some like the government require it and look for it.

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